Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (4426)	2/19/2005 10:22:21 PM
From: RealMuLan	Read Replies (1) \| Respond to of 6370

Gov't sets 2005 investment plan www.chinaview.cn 2005-02-18 15:00:00 BEIJING, Feb. 18 -- The State Development and Reform Commission announced Thursday the central government's 2005 investment plan. Investments will flow to large-scale infrastructure projects and to the construction of public facilities. In addition, the government will continue to support the rejuvenation of central and western regions, the traditional industrial rust belt in the northeast and the development of rural China. The commission's Investment Department director Yang Qingwei said that in 2005, the government would issue fewer long-term treasury bonds. 13 billion bonds were issued last year. He said this is in line with current efforts to create a stable monetary policy, but stressed investment in key areas will not be affected. Dept. Director of State Development & Reform Commission Yang Qingwei said: "First we will continue investment in ongoing projects, such as the Qinghai-Tibet Railway and the water diversion project from south to north; secondly we will continue to invest in agriculture sector. In addition, we will intensify our efforts to save resources so as to maintain the sustainable development of the economy." However, rises in producer price and in investment cost remain as major problems. The director said the country would continue to keep a close eye on overheated sectors, such as iron and steel makers and cement works. He also said the government is alert to the possibility that investment in fixed assets may rebound. (Source: CCTV.com) news.xinhuanet.com